NOT LISTED FOR SALE

475 E Deerpath Lake Forest, IL 60045

Estimated Value: $3,244,316 - $3,989,000

7 Beds
8 Baths
7,138 Sq Ft
$511/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $2,960,000 $415 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $23,291/month

99 Days on Market

Highlights

  • In Ground Pool
  • Heated Floors
  • Fireplace in Primary Bedroom
  • Sheridan Elementary School Rated A
  • 1.07 Acre Lot
  • 1-minute walk to Triangle Park

About This Home

As of August 2021

Walk to town from this exquisite French manor estate! Rich in history and designed by famed architect Jerome Cerny, this property has everything one desires for modern day luxury living. A complete renovation and addition took place in 2004. The home now boasts 7 bedrooms, 6 fireplaces, 6 full bathrooms, two half bathrooms, 2 laundry rooms and a 3 car heated garage. This home is perfect for entertaining with its seamless blend of historic warmth and updated infrastructure. In 2011, the luxurious chefs kitchen was updated and designed by O'Brien Harris and opens to the massive eating area and family room. Enjoy the views from every window as they look over the lush, beautiful grounds that have been artfully designed and manicured by Rocco Fiore & Sons. Relax with a swim in the salt water pool and you will feel you're on vacation. This East Lake Forest home is a short stroll to Market Square or the beach.

Last Agent to Sell the Property

Susan Fichter

@properties Christie's International Real Estate License #475168870 Listed on: 03/18/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Kristen Esplin

@properties Christie's International Real Estate License #475142221

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,538

Year Built

  • Built in 1931 | Remodeled in 2011

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 335 x 138 x 293 x 132
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Brick Driveway
  • Parking Included in Price

Home Design

  • English Architecture
  • Slate Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,138 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Dry Bar
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Blinds
  • Family Room with Fireplace
  • 6 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Loft
  • Lower Floor Utility Room
  • Storage Room

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Outdoor Features

  • In Ground Pool
  • Patio
  • Fire Pit
  • Shed

Schools

  • Sheridan Elementary School
  • Deer Path Middle School
  • Lake Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 400 Amp
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,538

Year Built

Built in 1931 | Remodeled in 2011

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: English
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1931
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • Rebuilt Year: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood, Gas Cooktop
  • Basement: Full, English
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Total Bedrooms: 7
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 6
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Bar-Dry, Hardwood Floors, Heated Floors, 1st Floor Bedroom, In-Law Arrangement, 2nd Floor Laundry, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Drapes/Blinds, Separate Dining Room
  • LivingArea: 7138
  • Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Library, Loft, Storage, Great Room, Utility Room-Lower Level, Pantry
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement,Other,Bedroom
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, In Ground Pool, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 3100000
  • OtherStructures: Shed(s)
  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Brick
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 400 Amp Service or Greater
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Multiple Locations, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sheridan Elementary School
  • High School: Lake Forest High School
  • Middle/Junior School: Deer Path Middle School
  • Middle/Junior School District: 67

Lot Info

  • Lot Size Acres: 1.07
  • Lot Dimensions: 335 X 138 X 293 X 132
  • Rural (Y/N): N
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 49538.28
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Charles Thomas Barnes Jr Declaration Of
Bought by
Barnes Charles T and Barnes Heather
Current Estimated Value
$3,645,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$694,211
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$2,950,868

Purchase Details

Closed on
Jan 7, 2022
Sold by
Barnes Charles T and Barnes Heather
Bought by
Charles Thomas Barnes Jr Declaration Of Trust and Heather F Barnes Declaration Of Trust

Purchase Details

Listed on
Mar 18, 2021
Closed on
Aug 20, 2021
Sold by
Traeger Peter A and Traeger Linda K
Bought by
Barnes Charles T and Barnes Heather
Seller's Agent
Susan Fichter
@properties Christie's International Real Estate
Buyer's Agent
Kristen Esplin
@properties Christie's International Real Estate
Sold Price
$2,960,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
Apr 15, 2013
Closed on
Mar 31, 2014
Sold by
Downey Sara B and Downey Timothy
Bought by
Traeger Peter A and Traeger Linda K
Seller's Agent
Kelly McInerney
@properties Christie's International Real Estate
Buyer's Agent
Katherine Hudson
Compass
List Price
$4,800,000
Sold Price
$3,483,750
Premium/Discount to List
-$1,316,250
-27.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.18%
Original Mortgage
$2,438,625
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2009
Sold by
Whipple Sara B
Bought by
Downey Sara B

Purchase Details

Closed on
Nov 1, 2000
Sold by
Flanders Barbara Lee and The Harriet W Farr Trust
Bought by
Davies Barbara L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barnes Charles T -- Chicago Title
Charles Thomas Barnes Jr Declaration Of Trust -- Robbins Salomon & Patt Ltd
Barnes Charles T $2,960,000 Chicago Title
Traeger Peter A $3,483,750 Greater Illinois Title Co
Downey Sara B -- None Available
Davies Barbara L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Charles T $750,000
Previous Owner Traeger Peter A $2,438,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2021 08/20/21 Sold $2,960,000 -4.5% $415 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/08/2021 06/08/21 For Sale -- -- --
05/19/2021 05/19/21 For Sale -- -- --
05/18/2021 05/18/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $3,100,000 -11.0% $434 / Sq Ft
03/31/2014 03/31/14 Sold $3,483,750 -10.7% $488 / Sq Ft View Prior Sale
12/30/2013 12/30/13 Pending -- -- --
08/29/2013 08/29/13 Price Changed $3,900,000 -18.8% $546 / Sq Ft
04/15/2013 04/15/13 For Sale $4,800,000 -- $672 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $47,578 $870,194 $282,930 $587,264
2023 $47,578 $763,971 $248,393 $515,578
2022 $44,894 $749,512 $243,692 $505,820
2021 $43,646 $743,047 $241,590 $501,457
2020 $42,669 $747,156 $242,926 $504,230
2019 $40,538 $733,441 $238,467 $494,974
2018 $58,759 $1,133,034 $317,750 $815,284
2017 $57,773 $1,114,095 $312,439 $801,656
2016 $55,428 $1,060,437 $297,391 $763,046
2015 $54,825 $998,528 $280,029 $718,499
2014 $58,752 $1,064,588 $251,409 $813,179
2012 $57,562 $1,073,823 $253,590 $820,233
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11025258

Midwest Real Estate Data (MRED)

APN: 12-33-208-030